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815 E Main St, New Iberia, LA 70560

3 beds • 3 baths • 4569 sqft

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This property looks like a bad Airbnb investment with a projected -10.28% first-year return on $105k initial cash invested.

-10.28%

Cash On Cash

3.86%

Cap Rate

0.63

DSCR

$2,826

Rent

-$898

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,826 income − $3,724 expenses = $898 out of pocket

Income$2,826Out of Pocket$898Mortgage P&I$2,11475%Property Taxes$1054%Insurance$1495%Management$42415%CapEx$1134%Maintenance$1134%Other$70625%

Investment Breakdown

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Purchase Price

$414k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,720

Closing costs

1%

$4,136

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,826

Total Expenses

$3,724

Mortgage P&I

75%

$2,114

Property Taxes

4%

$105

Home Insurance

5%

$149

HOA

0%

$0

Property Management

15%

$424

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$706

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